The Villans had won just 10 of their 29 matches under Gerrard heading into Saturday lunchtime’s 2-1 victory over Everton, and suffered a humbling 2-0 defeat to newly-promoted Bournemouth last weekend.
They have, however, also spent big in the transfer market, with the widespread expectation being that they should improve considerably on their 14th-placed finish last term.
And despite a relatively slow start to life at Villa Park, Boyd is of the opinion that the former Rangers manager has what it takes to make a success of things.
Speaking on Sky Sports, he said: “I don’t think it’s been brilliant at Aston Villa recently.
“There’s a lot of work to be done - yes, there’s been money spent. But the Villa fans will turn pretty quickly. They’re a demanding lot. They want results, and especially when you start to spend money.
“Steven has had experience at Rangers in terms of the hard times, he’ll know how to deal with them. He’s maybe going through one of those sticky spells at this moment in time where people will be analysing absolutely everything, but I’m sure he’ll come out the other side of this and he’ll be stronger for it.
“When you look at Aston Villa, they have got a decent squad, and they shouldn’t be in any trouble.”
Villa bounced back from last weekend’s disappointment on the south coast with their first points of the season against Frank Lampard’s Toffees.
Danny Ings scored the opening goal shortly after the half hour mark before Emi Buendia added a second.
Lucas Digne put the ball into his own net late on to hand the Toffees a consolation.